29 April 2010

Tagetik partners with Resources Global Professionals

A strategic agreement to deliver Performance Management culture and serve business leaders around the world

Tagetik, a global provider of Performance Management, Financial Governance and Business Intelligence software solutions, today announced its partnering agreement with Resources Global Professionals, confirming its strategy to build a global partner network.

Resources is a global professional services firm with an approach to business where consultants work in partnership with leaders and their teams to transfer knowledge, build operational capability and drive change through all levels of the enterprise. Tagetik’s software solution simplifies business processes for CFOs and CIOs. Together, the two companies will offer their clients an end-to-end product combining expertise, service and technology.

“Resources is very excited about this relationship for a variety of reasons,” explains Tracey Figurelli, Managing Director at Resources Global Professionals. “First and foremost, Tagetik’s unified platform provides a simplified and cost-effective approach to budgeting/planning and consolidations and a compelling alternative to complex and disparate applications. Our consultants who specialize in business performance systems complement Tagetik’s technical expertise allowing us to offer a full continuum of service to our clients. Client satisfaction is paramount to both of our firms, making our approach to market a cultural fit, as well. Many of our clients want a unified solution for planning, budgeting and reporting, especially for XBRL and IFRS initiatives. We believe our relationship allows us to meet those needs,” states Figurelli.

“This agreement is a step forward in our global expansion strategy,” adds Bani Brandolini, President International at Tagetik. “We firmly believe that to successfully implement a performance management system – like Tagetik 3.0 – a strong project team is critical. Resources Global Professionals is an international firm with qualified experts in corporate financial reporting and accounting as well as esteemed thought leaders in legislative and regulatory matters, including Sarbanes-Oxley (SOX). The company also leverages a proven track record of success that has been achieved through an uncompromising commitment to value – based on relationships with its extremely diverse, worldwide clientele – and greatly shares our entrepreneurial culture that rewards innovation, teamwork and dedication to providing maximum satisfaction to customers,” says Brandolini.

In short, professional experience combined with industry and compliance knowledge brings added-value to businesses around the world, and their leaders. For example, the forthcoming US-listed companies conversion to IFRS provides a ripe opportunity for this joint marketing model. “At Resources, we are helping our clients understand and adopt IFRS so they can provide more consistency in financial reporting. We feel Tagetik’s proven experience in the European IFRS-based market as well as its product’s functionality can make the transition process more efficient and ensure deadlines are met,” concludes Figurelli.

Resources Global and Tagetik will be hosting a Joint IFRS Webcast addressing IFRS challenges and solutions to make this process more efficient and effective. The dates and registration form will be soon published in www.tagetik.com and www.resourcesglobal.com.

About Resources Global Professionals

Resources Global Professionals, the operating subsidiary of Resources Connection, Inc. (NASDAQ: RECN), is a multinational professional services firm that helps business leaders execute internal initiatives. Partnering with business leaders, we drive internal change across all parts of a global enterprise - finance and accounting, information management, internal audit, corporate advisory and strategic communications, human capital, legal services and supply chain management. Resources Global was founded in 1996 within a Big Four accounting firm. Today, we are a publicly traded company with over 2,700 professionals, from more than 80 practice offices, annually serving 2,100 clients around the world. Headquartered in Irvine, California, Resources Global has served 84 of the Fortune 100 companies.

The Company is listed on the NASDAQ Global Select Market, the exchange's highest tier by listing standards. More information about Resources Global is available at www.resourcesglobal.com.

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Greta BartoliCCH Tagetik+39 0583 96811

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